Santander Interested in Bawag?

Businessn.a. ♦ Published: February 3, 2014; 13:33 ♦ (Vindobona)

The Spanish Banco Santander is said to be interested in Bawag, the German daily “Handelsblatt” reports.

Santander Interested in Bawag? / Picture: © Banco Santander


There growing evidence that the fifth-largest Austrian bank may be sold in the next few months. According to the German business magazine, the Spanish bank wants to acquire the Vienna-based lender. The circulated sales price amounts to € 2.0bn.

Already last week, the Austrian daily “Standard” reported that the U.S. investment funds “Cerberus” and “Golden…